When Race Trumps Class and Ability ips-dc.org
When Race Trumps Class and AbilitySubmitted by Cabin_Highbeam in economics
"If current trends continue, by 2020 median Black and Latino households stand to lose nearly 18% and 12% of the wealth they held in 2013, respectively, while median White household wealth increases 3%. At that point–just three years from now–White households are projected to own 85 times more wealth than Black households and 68 times more wealth than Latino households."